Payroll tax refers to various taxes that are withheld from an individual's paycheck by their employer. That definition often includes income taxes, although the term is sometimes limited just to ...

Components of the FICA tax FICA tax, also known as a payroll tax, is made up of three parts: When you look at your paycheck, you'll see that your FICA taxes are taken out of your gross wages.

An employer, regardless of the number of workers they employ, must maintain all records pertaining to payroll taxes (income tax withholding, Social Security and federal unemployment tax ...

Seattle Mayor Bruce Harrell released his payroll expense tax (PET) report for 2024 Tuesday, and its projections came up ...